India, Feb. 26 -- The Centre is working on a 'universal pension scheme' that all Indian citizens will be able to avail. including those working in the unorganised sector, NDTV reported citing sources in the Union Labour Ministry.

This will be a game-changer for lakhs, if not crores, of Indians like construction workers, domestic staff and gig workers. This is because they are currently not covered by any government-run large savings schemes.

Under the new proposal, contributions will be voluntary and the government will not be contributing from its side. It may also incorporate a few existing schemes and streamline the government-run savings structure for citizens.

The new scheme will likely be available to self-employed and salaried e...